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Apple Should Say iCahn to This Recent Buyback Proposal

If you're getting tired of all the Apple (NASDAQ: AAPL  ) news, it's going to be a long next few weeks. We're reaching the time of year where tech powerhouses, most notably Apple, take center stage to unveil their latest and greatest products ahead of the all-important fourth-quarter sales spike.

However, that isn't the only storyline that's finally helped the iEverything maker's share price break $500 for the first time since January... not by a long shot. In another critical development, billionaire Carl Icahn recently disclosed a stake in the tech giant. And in typical Icahn fashion, he arrived with a plan for how to juice Apple's share price. In this video, Andrew Tonner discusses the finer points of the plan, and why investors should throw their weight behind it before it's too late.

Apple's stock will need some kind of catalyst -- like a buyback -- to keep soaring. In fact, several critical things need to fall into place for the iEverything maker to continue its upward march. In The Motley Fool's special free report, "5 Secrets to Apple's Future," we outline the key factors every Apple investor needs to watch. Just click here now for your free report.

Read/Post Comments (4) | Recommend This Article (6)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On August 21, 2013, at 9:25 PM, techy46 wrote:

    real tired of the applesauce. All Ichan wants is his Apple stock price driven up so he can unload and go to his next raider target. Screw Apple and Ichan.

  • Report this Comment On August 22, 2013, at 5:21 AM, ujvar wrote:

    Apple is the most valuable and same time cheapest Company in Nasdaq. Ist as simple as that. Let the Dogs bark and resent not to be on the Train up the moutain.

  • Report this Comment On August 22, 2013, at 9:25 PM, singaporenick wrote:

    I'm amazed by the arrogance of Icahn,tweeting to all and sundry what policies Apple should adopt.If I was Tim Cook I'd tell Icahn to go take a jump...

  • Report this Comment On August 23, 2013, at 2:16 AM, lowmaple wrote:

    If you can cooly analyse and then carry out a plan that you(Tim Cook will also surely benefit) and your shareholders will reap the awards of, a little humility will serve you spectacularly more than inanely boosting your ego.

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